ProchargedMopar's Dart Dynasty

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prochargedmopar
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Wed Jun 15, 2016 4:25 pm

Because I did not enter @ the extreme of the extreme I'm in the process of being zered out.
Going against the overall trend doesn't help matters either.
I want hundreds of pips out of this bitch.
And I'll get it.

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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Wed Jun 15, 2016 4:50 pm

prochargedmopar wrote:Because I did not enter @ the extreme of the extreme I'm in the process of being zered out.
Going against the overall trend doesn't help matters either.
I want hundreds of pips out of this bitch.
And I'll get it.

Screenshot_2016-06-15-11-22-38.png


Wish u luck
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Re: ProchargedMopar's Dart Dynasty

Postby laksh » Wed Jun 15, 2016 4:56 pm

prochargedmopar wrote:Going against the overall trend doesn't help matters either.
I want hundreds of pips out of this bitch.
And I'll get it.

Screenshot_2016-06-15-11-22-38.png


Who knows???

If BOJ surprises tonight with easing, you may get your home run by tomorrow morning itself :D

Otherwise, it would not surprise me if it goes to 76 eventually! Remember 28th April run?

What is your SL on that?

I am looking for an orphaned trade on this pair..

MightyOne wrote:Orphaned Trades: If your stop is at the monthly+ extreme or breakout then revert to $minimum size instead of liquidating
your position. If the monthly candle happens to go 576.4 pips then you will move forward one waypoint.
Do not do this if you have failed to double your size or if this is one of your actively traded pairs.

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Wed Jun 15, 2016 5:14 pm

Am I being fooled by randomness?

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#1BODY in direction of profit #2INCREASE lot size Obsessively
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Wed Jun 15, 2016 5:24 pm

laksh wrote:
prochargedmopar wrote:Going against the overall trend doesn't help matters either.
I want hundreds of pips out of this bitch.
And I'll get it.

Screenshot_2016-06-15-11-22-38.png


Who knows???

If BOJ surprises tonight with easing, you may get your home run by tomorrow morning itself :D

Otherwise, it would not surprise me if it goes to 76 eventually! Remember 28th April run?

What is your SL on that?

I am looking for an orphaned trade on this pair..

MightyOne wrote:Orphaned Trades: If your stop is at the monthly+ extreme or breakout then revert to $minimum size instead of liquidating
your position. If the monthly candle happens to go 576.4 pips then you will move forward one waypoint.
Do not do this if you have failed to double your size or if this is one of your actively traded pairs.


I disagree.
AJ will get to the 72 area fairly easily.
I'm looking for mid 60's eventually.

From there a spaceship can be built and I'll be able to live in orbit looking down I mere mortal scalpers using "big" lots. :smt032

72-mid60's.png
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#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Wed Jun 15, 2016 5:27 pm

there is one difficulty with this plan.

The median of wedges are almost always retested, hold as support, and then price makes it's next leg up.

Lets hope not this time.

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#1BODY in direction of profit #2INCREASE lot size Obsessively
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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Wed Jun 15, 2016 5:36 pm

I like the fact that price failed to make it back up to the third wedge AFTER making it back down to the median of the larger wedge.

Maybe we get to the bottom? (green arrow)
Maybe not.

When I started trading AJ was in the low 60's back in 08'
What an opportunity I had and didn't know it. LOL

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#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: ProchargedMopar's Dart Dynasty

Postby prochargedmopar » Wed Jun 15, 2016 5:37 pm

When price was @ 101+ I was thinking.....woah, look at the Zero line to the left.....to bad I'm not a seller. hahahahah
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Re: ProchargedMopar's Dart Dynasty

Postby aliassmith » Wed Jun 15, 2016 5:41 pm

prochargedmopar wrote:
laksh wrote:
prochargedmopar wrote:Going against the overall trend doesn't help matters either.
I want hundreds of pips out of this bitch.
And I'll get it.

Screenshot_2016-06-15-11-22-38.png


Who knows???

If BOJ surprises tonight with easing, you may get your home run by tomorrow morning itself :D

Otherwise, it would not surprise me if it goes to 76 eventually! Remember 28th April run?

What is your SL on that?

I am looking for an orphaned trade on this pair..

MightyOne wrote:Orphaned Trades: If your stop is at the monthly+ extreme or breakout then revert to $minimum size instead of liquidating
your position. If the monthly candle happens to go 576.4 pips then you will move forward one waypoint.
Do not do this if you have failed to double your size or if this is one of your actively traded pairs.


I disagree.
AJ will get to the 72 area fairly easily.
I'm looking for mid 60's eventually.

From there a spaceship can be built and I'll be able to live in orbit looking down I mere mortal scalpers using "big" lots. :smt032

72-mid60's.png


If you say 72 for AJ I'll give it a try.
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laksh
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Re: ProchargedMopar's Dart Dynasty

Postby laksh » Wed Jun 15, 2016 5:48 pm

prochargedmopar wrote:
laksh wrote:
prochargedmopar wrote:Going against the overall trend doesn't help matters either.
I want hundreds of pips out of this bitch.
And I'll get it.

Screenshot_2016-06-15-11-22-38.png


Who knows???

If BOJ surprises tonight with easing, you may get your home run by tomorrow morning itself :D

Otherwise, it would not surprise me if it goes to 76 eventually! Remember 28th April run?

What is your SL on that?

I am looking for an orphaned trade on this pair..

MightyOne wrote:Orphaned Trades: If your stop is at the monthly+ extreme or breakout then revert to $minimum size instead of liquidating
your position. If the monthly candle happens to go 576.4 pips then you will move forward one waypoint.
Do not do this if you have failed to double your size or if this is one of your actively traded pairs.


I disagree.
AJ will get to the 72 area fairly easily.
I'm looking for mid 60's eventually.

From there a spaceship can be built and I'll be able to live in orbit looking down I mere mortal scalpers using "big" lots. :smt032

72-mid60's.png


Ah, I was talking about "Near term" scenario!!

IMHO, for price to get to mid 60 levels there has to be some real shock to the global economy, like Brexit taking place, markets panicking followed by global recession. Those levels happened in 2008, which was a major global recession.

So with your current AJ position, are you intending to ride a drawdown till mid 60's, in case it goes there and then add bigger size at that level to ignite your spaceship? If so, wouldn't it be a very expensive spaceship?

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